SOUTH32 LTD SPON (SOUHY) Receives $12.00 Average PT from Analysts

SOUTH32 LTD SPON (NASDAQ:SOUHY) has received an average rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $12.00.

Several equities research analysts have issued reports on SOUHY shares. Zacks Investment Research raised shares of SOUTH32 LTD SPON from a “sell” rating to a “hold” rating and set a $12.00 price objective for the company in a research report on Friday, April 21st. Jefferies Group LLC cut shares of SOUTH32 LTD SPON from a “buy” rating to a “hold” rating in a research report on Thursday, June 8th. Finally, HSBC Holdings plc reissued a “hold” rating on shares of SOUTH32 LTD SPON in a research report on Friday, July 14th.

SOUTH32 LTD SPON (SOUHY) traded down 0.78% during trading on Tuesday, reaching $11.41. 69,914 shares of the company were exchanged. The company’s 50-day moving average price is $10.49 and its 200-day moving average price is $10.31. SOUTH32 LTD SPON has a 1-year low of $6.91 and a 1-year high of $11.70. The stock has a market capitalization of $12.14 billion and a P/E ratio of 16.18.

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Analyst Recommendations for SOUTH32 LTD SPON  (NASDAQ:SOUHY)

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